The IMF estimates that Italy is on track

Wednesday, May 16th, 2012

The International Monetary Fund (IMF) on Wednesday called on Italy to continue its economic reforms to sustain growth, saying the country on track. Speaking after its annual review of the Italian economy, the head of the IMF European Department, Reza Moghadam, has shown strong support for the president ...

Hawker Beechcraft has emerged from bankruptcy in late 2012

Sunday, May 13th, 2012

Hawker Beechcraft has emerged by the end of the year of its investment under the protection of Chapter 11 of U.S. bankruptcy law, after which its creditors become its main shareholders, said Sunday its CEO Shawn Vick. The Boeing, co-owned by the private equity arm of Goldman Sachs ...

Winter temperatures weighed on Holcim

Wednesday, May 9th, 2012

Holcim has suggested Wednesday that he would again increase its prices, a severe winter in Europe charged on net profit in the first quarter. Sales of cement, concrete and asphalt decreased by double digit percentages in Europe and the net profit after minority interests stood at 10 million ...

Wall Street ends in a disorganized, statistics weigh

Thursday, May 3rd, 2012

The Dow and S & P 500 finished down slightly Wednesday after figures from the private sector employment worse than expected, raising fears that those for all sectors, expected Friday, will in turn lower than expected. The Dow Jones Industrial 30 yielded 0.08%, or 10.75 points, to 13,268.57. ...

Stanislas de Quercize Richemont appoints head of Cartier

Monday, March 26th, 2012

Richemont announced Monday the appointment of Stanislas de Quercize at the head of Cartier, replacing CEO Bernard Fornas, which reached 65. Stanislas de Quercize, joined Richemont in 1989, is currently the head of Van Cleef & Arpels after having officiated for Alfred Dunhill and Montblanc brands. He will take ...

The Tokyo Stock Exchange ended down 0.55%

Thursday, March 22nd, 2012

The Tokyo Stock Exchange ended down by 0.55% on Wednesday in the wake of Wall Street the previous day amid fears of an economic slowdown in China. The Nikkei lost 55.50 points to 10,086.49 points, away from its highest of eight and a half months reached Monday to ...

Spanish unions call for general strike

Friday, March 9th, 2012

UGT and CCOO denounce budgetary rigor and reform and a proposed layoffs while facilitating the country could lose 650,000 jobs this year. An employment agency in Malaga. Spain has an unemployment rate above 20%. The two main Spanish unions, UGT and CCOO, announced Friday a general strike on March ...

The EU is considering a postponement of the second aid package to Greece

Wednesday, February 15th, 2012

Officials from the euro area are studying how to delay or even all parts of the second aid package to Greece, if possible until after the election pre views for April, it was learned Wednesday from European sources. While the new aid package of € 130 billion is ...

Monday, November 21st, 2011

Françoise Bettencourt asked some of the insurance-lives of his mother after she had spent an agreement with her mother. 93 million euros are at stake Françoise Bettencourt asked some of the insurance-lives of his mother after she had a gracious past with his mother. 93 million euros are at stake ...

Friday, November 4th, 2011

The OECD will publish at the G20 a new list of tax havens. Switzerland and Liechtenstein can be found on the gray list for not been transparent enough. Nine other states, including Panama, the Seychelles and Botswana, are in a blacklist. French President Nicolas Sarkozy said on Friday that ...